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Top 50 Affordable Online MBA Degree Programs 2015

A Master of Business Administration (MBA) degree is the most recognizable business credential available to business professionals today. Professionals pursue an MBA for a competitive edge in the job market, for possible promotions and salary increases, and for the acquisition of general business and management expertise. Within an MBA program, students study foundational business topics such as finance, accounting, leadership, decision-making, organizational management, and statistics. These are critical topics that are applicable in every single organization no matter the size or field. The study of becoming a skilled and knowledgeable businessperson and manager can be one of the most important investments in a professional’s life.

Recommended Affordable Online MBA Programs

An online MBA allows students to continue gaining valuable work experience while at the same time advancing their education. An online MBA program can offer a top-notch education at the pace of the student. Online MBA programs are becoming more and more available to suite the needs of the busy student, from private, public, for-profit, nonprofit, accredited, and highly ranked schools.

But not all online MBA programs are created equal. When choosing the right MBA program for you, there are many factors to consider, including accreditation, reputation, completion time, accessibility, available specializations, and affordability. This Top 50 Affordable Online MBA degree Ranking lists accredited MBA programs that can be obtained at an affordable price and that can offer a great return on investment. Use this ranking as a starting point for finding an affordable MBA program for you!

Methodology

Every school on this list holds an accreditation from the Association to Advance Collegiate Schools of Business (AACSB) International – an accreditation achieved by less than five percent of business schools worldwide. AACSB International is the premier accrediting agency for bachelor, master, and doctoral degree programs in business administration. Data was gathered from the consumer advocacy group, GetEducated.com for the Estimated Program Cost and from PayScale’s Early Career Salary Reports. The early career salary was divided by the estimated program cost to find the program affordability.

#50 Drexel University Bennett S. LeBow College of Business – Philadelphia, Pennsylvania

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Drexel University is a 4-year, private, nonprofit university that was founded in 1891. Drexel consists of 15 colleges and schools, offering over 200 degree programs, to over 26,000 students every year. Drexel started offering online courses in 1996 and of the 25,000 students today, 5,200 of them are online students. Drexel’s highly acclaimed LeBow College of Business offers online master’s students two online Master of Business Administration programs, an accelerated program and a flex program. The online MBA programs at LeBow are taught with the same academic rigor of the on-campus programs, with the same curriculum and taught by the same faculty. The accelerated MBA can be completed within a 24-month timeframe and the flex program can be completed in a 42-month schedule. These MBA programs emphasize the fundamentals of business along leadership and ethics, technological infrastructure, and industry perspectives. Students are able to tailor their program with a choice of five concentrations: Business Analytics, Entrepreneurship, Finance, Healthcare, and Marketing.

Estimated Program Cost: $64,000
Alumni Early Career Salary: $69,400

#49 Portland State University School of Business Administration – Portland, Oregon

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Portland State University is a 4-year, public university that was founded in 1946 to educate GIs after WWII. Today PSU stands as an expansive institution offering 88 bachelor’s, 86 master’s, and 37 doctoral degrees through its esteemed eight colleges and schools to over 28,000 students every year. Through PSU’s School of Business Administration and the Oregon Health & Science University, students can enroll in a hybrid Healthcare Master of Business Administration. This program consists of 72-credit hours that are delivered in a flexible hybrid format with online and on-campus residency courses, which can be completed in 33 months. The curriculum delivers a comprehensive and leadership-focused business curriculum focused on the unique needs, conditions, and challenges of the healthcare industry.

Estimated Program Cost: $48,840
Alumni Early Career Salary: $56,600

#48 Babson College F.W. Olin Graduate School – Wellesley, Massachusetts

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Babson College is a 4-year, private, nonprofit college that began in 1919 as a school of business administration. Today, Babson educates over 2,100 undergraduate students and over 900 graduate students. Through Babson’s Olin Graduate School, students can pursue advanced business instruction through their Blended Learning Master of Business Administration. This 21-month, cohort based MBA program combines online courses with face-to-face courses in San Francisco or Wellesley. The curriculum is focused on entrepreneurship, leadership, management, team building, and people skills that can be applied in real business situations. Students can choose between concentrations in Business Analytics, Entrepreneurship, Finance, Global Management, and Marketing.

Estimated Program Cost: $78,200
Alumni Early Career Salary: $91,500

#47 Worcester Polytechnic Institute Robert A. Foisie School of Business – Worcester, Massachusetts

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The Worcester Polytechnic Institute is a 4-year, private, nonprofit technology university that was founded in 1865 to create and convey the latest science and engineering knowledge to society. WPI offers over 50 bachelor’s, master’s, PhD, and certificate programs to almost 6,000 students. WPI’s Foisie School of Business offers an Innovator’s Master of Business Administration with a Flex Track that offers the degree program in a blended learning format. This program combines web-based learning with on-campus residencies every five weeks. The curriculum consists of 10 required business core courses, two required projects courses, and four elective courses. Specializations available to MBA students include: Entrepreneurship, Health Systems Innovation, Information Security Management, Information Technology, Operations Management, Process Design, Sustainability, Supply Chain Management, Technological Innovation, and Marketing Innovation.

Estimated Program Cost: $61,488
Alumni Early Career Salary: $72,400

#46 Thunderbird School of Global Management Graduate Programs – Glendale, Arizona

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The Thunderbird School of Global Management is a 4-year, private, nonprofit university that started educating global leaders in 1946. Thunderbird School of Global Management is the oldest and largest graduate school for international business in the United States. Today, they offer over 1,000 programs to over 700 students annually. Thunderbird offers 16-month online Global MBA program is taught primarily online with an addition three resident modules, one at the main campus and two overseas. The coursework within this global MBA focuses on global management, cross-cultural business communications and negotiations, global political economy, and regional business environments. Courses within this program include: State and Markets, Managing People form a Global Perspective, Global Marketing Strategy, Managing for Value Creation, Leading Change and Transformation, Multi-national Value Chain, Big Data in the Age of the Global Economy, and Corporate Social Responsibility in a Global Context.

Estimated Program Cost: $69,800
Alumni Early Career Salary: $83,200

Recommended Affordable Online MBA Programs

#45 University of New Hampshire Peter T. Paul College of Business & Economics – Durham, New Hampshire

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The University of New Hampshire is a 4-year, public, liberal arts college that was founded in 1866. UNH consists of 11 colleges and schools and offers undergraduate and graduate degrees to over 14,500 students annually. UNH’s College of Business & Economics offers a two to six year online Master of Business Administration program for students juggling their education and professional career. This program is delivered 100% online with the option of face-to-face courses in Durham or Manchester. Courses within this program include: Organizational Behavior, Information Systems and Enterprise Integration, Organizations, Leadership, and Environments, Marketing Management, Financial Management, Managerial Decision Making, Technology & Operations Management, and Strategic Management: Decision Making.

Estimated Program Cost: $42,240
Alumni Early Career Salary: $51,500

#44 New Jersey Institute of Technology School of Management – Newark, New Jersey

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The New Jersey Institute of Technology is a 4-year, public school that was founded in 1881 as the Newark Technical School. NJIT offers 125 undergraduate and graduate degrees through 6 academic schools to over 10,000 students annually. Through NJIT’s School of Management offers an online Master of Business Administration. This program consists of 48-credit hours and is offered entirely online. The curriculum is focused on developing students’ decision-making and problem-solving skills and the ability to understand how technology and business work together. Students are given the choice of choosing between the following three specializations: Management Information Systems, Marketing, and Finance.

Estimated Program Cost: $53,608
Alumni Early Career Salary: $65,600

#43 West Virginia University College of Business & Economics – Morgantown, West Virginia

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West Virginia University is a 4-year, public university that was founded in 1867. Today, WVU enrolls over 31,000 students and offers 193 bachelor’s, master’s, doctoral, and professional degrees through its 15 colleges and schools. WVU’s College of Business & Economics offers an Executive Master of Business Administration. This 48-credit hour EMBA is offered online with four required residencies. This program is designed to not only offer an business education but to develop executives who can think critically and creatively, analyze and synthesize information, communicate effectively, and solve complex problems. Core courses within this program include: Management Information Systems, Managerial and Team Skills, Financial Statements Analysis, Strategy, Leadership and Organizational Change, Decision Analysis for Executives, Ethics, Legal & Regulatory Issues, Marketing Management, and Integrated Global Business.

Estimated Program Cost: $37,872
Alumni Early Career Salary: $50,200

#42 Arizona State University W. P. Carey School of Business – Tempe, Arizona

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Arizona State University-Tempe is a 4-year, public university that was founded in 1885 as a normal school. Today, ASU consists of four campuses, educating over 76,000 students every year. Among the highly acclaimed schools at ASU, is the W. P. Carey School of Business. The Carey School is a fully accredited school that invests in tomorrow’s leaders by providing universal business knowledge that allows students to immediately start adding value to their organizations. Among the many on-campus and online programs available in the Carey Business School, is an online Master of Business Administration. This online MBA is the same curriculum as the on-campus MBA and taught by the same faculty. The curriculum is delivered one course at a time, allowing students to focus on their studies while balancing career and life responsibilities at the same time. Students are given the choice to gain a general management degree or selecting a concentration between Finance, International Business, Marketing, or Supply Chain Management. Online MBA students are additionally given the option of combining their MBA with another master’s degree at ASU, including: Master of Legal Studies, MSE Electrical Engineering, or MS Industrial Engineering.

Estimated Program Cost: $54,600
Alumni Early Career Salary: $72,400

#41 Indiana University Kelley School of Business – Bloomington, Indiana

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Indiana University is a 4-year public university that was founded in 1820 as the flagship campus of Indiana University’s eight campuses. IU Bloomington offers more than 330 undergraduate and 190 graduate degree programs. They offer a fully accredited online Master of Business Administration program through their highly acclaimed Kelley School of Business. The same highly ranked faculty for the on-campus program teaches this online MBA program. This 51-credit hour program covers foundational business topics such as: Business law and ethics, Economics, Marketing, Finance, Operations, Information technology, and Project management. After the 39 credit hours of core courses, students are able to customize their degree with a choice of electives. Also available to the online MBA students are dual degree programs with an online Master of Science in Business Analytics, Entrepreneurship & Innovation, Finance, Global Supply Chain Management, Marketing, or Strategic Management with an average of only 12 more additional credit hours.

Estimated Program Cost: $59,925
Alumni Early Career Salary: $81,000

Recommended Affordable Online MBA Programs

#40 Florida Atlantic University College of Business – Boca Raton, Florida

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Florida Atlantic University is a 4-year, public university that opened in 1964 as the first public university in southeast Florida. Over the past 50 years, FAU has grown to six campuses offering over 170 degree programs, to over 30,000 students every year. FAU’s College of Business offers an online Master of Business Administration program. This 23-month, 40-46-credit hour program teaches the same curriculum as the on-campus MBA and is taught by the same faculty. This cohort-based MBA is 100% online with no residency requirement. The curriculum consists of 28 credits of core business courses and 12 credits of International Business specialization courses.

Estimated Program Cost: $40,992
Alumni Early Career Salary: $55,800

#39 Southern Illinois University-Carbondale College of Business – Carbondale, Illinois

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Southern Illinois University-Carbondale was founded in 1869 as the state’s second teachers college. Today Southern Illinois University – Carbondale is one of the most comprehensive public universities in the state. SIU Carbondale is comprised of 11 schools and colleges and educates over 17,000 students every year. In addition to the numerous on-campus offerings, SIU Carbondale has created online programs to maximize the ability of the working professional to obtain degrees. SIU Carbondale’s College of Business offers a structured cohort-based, 23-month long online MBA program that is delivered by the same faculty to teach the on-campus MBA classes. SIU Carbondale’s online MBA now offers a concentration in agricultural economics. This program not only gives the foundational business coursed but focuses on the food and agribusiness industry as well.

Estimated Program Cost: $36,000
Alumni Early Career Salary: $49,700

#38 Wayne State University School of Business – Detroit, Michigan

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Wayne State University is a 4-year, public university that was founded in 1868 as the Detroit Medical College. Wayne State has grown over the years to encompass a multi-disciplinary university, comprised of 13 schools and colleges, offering more than 380 degree and certificate programs to nearly 28,000 students. The School of Business at Wayne State offers a Master of Business Administration that allows students to attend class on-campus or online. This MBA program offers the same coursework for both formats with the on-site lectures taped and streamed online. This MBA curriculum is designed to produce well-rounded professionals competent in business operations, ethics, and strategy. This program gives the students a choice from 13 different MBA concentrations in order to customize the program to their professional needs. Concentrations available in this program include: Accounting Systems, Finance, Global Supply Chain Management, Human Resources, Information Systems Management, International Business, Management, and Marketing.

Estimated Program Cost: $47,817
Alumni Early Career Salary: $67,000

#37 Florida International University College of Business – Miami, Florida

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Florida International University is a 4-year, public, research university that was founded in 1965. With a student body of nearly 50,000, Florida International University is among the top 10 largest universities in the nation. FIU’s colleges and schools offer over 200 bachelor’s, master’s, and doctoral on-campus and fully online programs. The College of Business and Chapman Graduate School of Business at Florida International University offer an online Corporate Master of Business Administration. This 42-credit hour program focuses on helping students evaluate business financial situations and statements, develop, lead, and manage teams, and develop analytical problem solving skills. Classes within this online MBA program include: Competitive Strategy, Business Analysis for Decision Making, Operations Management, Global Financial Strategy, Organization Information Systems, and Strategic Management.

Estimated Program Cost: $42,000
Alumni Early Career Salary: $60,100

#36 Ohio University College of Business – Athens, Ohio

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Ohio University is a 4-year, public university that was opened in 1808. What started out as a college for three students has grown to educate over 38,000 students on-campus and over 6,000 students online. With over 100 years of distance learning experience, Ohio University offers a wide array of online degree programs. Among them is an online Master of Business Administration degree offered by the College of Business. This 35-credit hour MBA program was designed to be a comprehensive business degree that can be flexible to fit into working students’ schedules. This program emphasizes strategic leadership and professional development and offers concentrations for students to tailor their studies. Concentrations available include: Business Analytics, Finance, Executive Management, and Health Care.

Estimated Program Cost: $35,920
Alumni Early Career Salary: $53,200

Recommended Affordable Online MBA Programs

#35 Cleveland State University Monte Ahuja College of Business – Cleveland, Ohio

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Cleveland State University is a 4-year, public university that’s roots date all the way back to the 1880’s. Cleveland State dates back to day and evening courses offered by the Cleveland YMCA. These courses grew into Fenn College, which then was adopted by Cleveland State in 1964. Today Cleveland State offers more than 200 academic programs, through nine schools and colleges, to more than 17,700 students annually. Through the Monte Ahuja College of Business students can gain a Master of Business Administration in one year through their Online Mobile Accelerated MBA. This program is the very first online, one-year, AACSB accredited MBA program available. This program was designed to be an efficient, cost-effective program for working professionals and recent graduates. Each student will receive an Apple iPad in order to access course material, e-books, interactive learning systems, course modules, and study apps from any location.

Estimated Program Cost: $37,500
Alumni Early Career Salary: $55,800

#34 Quinnipiac University School of Business – Hamden, Connecticut

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Quinnipiac University is a 4-year, private, nonprofit university that began as a small college in New Haven in 1929. Today Quinnipiac has grown to eight schools and colleges and two additional campuses offering on-campus and online degree programs. Quinnipiac University Online’s goal is to offer convenient and flexible courses to the busy adult and working professional. Quinnipiac’s School of Business offers a 46-credit hour Master of Business Administration program. Quinnipiac’s MBA covers topics in business fundamentals such as accounting, finance, and marketing, while emphasizing the art of decision-making. Students have the choice of choosing one of three professional focus tracks or general electives to tailor the program to their professional goals. The professional focus tracks include a MBA-Chartered Financial Analyst Track, MBA-Health Care Management Track, and an MBA-Supply Chain Management Track.

Estimated Program Cost: $41,320
Alumni Early Career Salary: $61,600

#33 University of Florida Warrington College of Business Administration – Gainesville, Florida

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The University of Florida started as a small seminary in 1853 and has grown to a 4-year, public university with 4,000 faculty members and over 6,400 students. The University of Florida (UF) has not only strived to offer exceptional on-campus courses, but also online. UF was one of the first schools to offer an accredited online degree program. The online degree programs at UF do have a 2-day, on-campus requirement every four months to take exams, give presentations, and meet faculty. The MBA program at UF offers a two-year option for students with undergraduate degrees in any major. Also available is a one-year accelerated program for students with business undergraduate degrees awarded in the last seven years.

Estimated Program Cost: $46,000
Alumni Early Career Salary: $68,900

#32 University of Arkansas Sam M. Walton College of Business – Fayetteville, Arkansas

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The University of Arkansas is a 4-year, public university that was founded in 1871 and is the flagship of the University of Arkansas System. U of A offers more than 230 undergraduate and graduate academic programs, through 10 colleges and schools, to over 26,000 students. U of A’s Walton College of Business offers an online Executive Master of Business Administration degree. This 38-credit hour program is primarily taught online with one Saturday resident requirement per month. This EMBA focuses on applications-based learning through cases and projects in order to be immediately applicable in student’s professions. The curriculum in this program provides a strong foundation in the value chain and the consumer-packaged goods industry.

Estimated Program Cost: $35,000
Alumni Early Career Salary: $53,100

#31 University of Michigan-Dearborn College of Business – Dearborn, Michigan

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The University of Michigan-Dearborn is a 4-year, public university that was founded in 1959 with a land grant from the Ford Motor Company. U of M Dearborn has grown from a student body of 34 students to over 9,000 today. They offer over 50 major programs and over 50 minor programs. In addition to the on-campus programs at Dearborn, are online degree programs to accommodate working students. Dearborn’s College of Business offers their Master of Business Administration program on-campus as well as online, developed and taught by the same faculty. This 36-48 credit hour program can be completed within 12-20 months on a full-time or part-time basis. The curriculum consists of nine core business courses, four applied integrated management courses, and three courses of electives or optional concentration courses. The concentrations available to online students include: Finance, International Business, and Investment.

Estimated Program Cost: $42,516
Alumni Early Career Salary: $66,600

Recommended Affordable Online MBA Programs

#30 East Carolina University College of Business – Greenville, North Carolina

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East Carolina University is a 4-year, public university that was founded in 1907 as a school for training teachers and has grown to an emerging national research university teaching over 27,000 students annually. ECU offers these students 100 bachelor degrees, 77 master’s degrees, and 6 doctoral degrees. ECU’s College of Business offers a 33-54 credit hour online Master of Business Administration. ECU’s online MBA trains students in the practice and theory of business management within the foundational business courses including marketing, accounting, strategy, and operations management. In addition to the foundation classes, ECU offers a choice of using their electives to complete a certificate program. Certificates offered to online MBA students include: Finance, Health Care Management, Hospitality Management, Management Information Systems, Marketing, Security Studies, and Supply Chain Management.

Estimated Program Cost: $31,383
Alumni Early Career Salary: $50,000

#29 Robert Morris University School of Business – Moon Township, Pennsylvania

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Robert Morris University is a 4-year, private, nonprofit university that was originally founded in 1921 as the Pittsburgh School of Accountancy. Through five different academic schools, Robert Morris University offers over 60 undergraduate and 20 graduate degrees to over 5,300 students every year. Today, they offer a wide array of classes online as well as in a traditional classroom with the same high caliber professors for both. Among their many online offerings is a Master of Business Administration through their accredited School of Business. This 36-credit hour program focuses on practical and applicable skills in today’s business world. Students can customize their program with electives in accounting, finance, human resource management, management, marketing, sport management, taxation, or information systems.

Estimated Program Cost: $30,300
Alumni Early Career Salary: $49,300

#28 Suffolk University Sawyer Business School – Boston, Massachusetts

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Suffolk University is a 4-year, private, nonprofit university that was founded in 1906 as the Suffolk School of Law. Suffolk has grown to offer bachelor’s, master’s, an doctoral degrees, through its three schools and colleges, to over 8,000 students. From its beginnings, Suffolk has strived to provide education to working students. Through Suffolk’s Sawyer Business Schools, working professionals can enroll in an Online Master of Business Administration program. This 31-55-credit program is delivered by way of video, slide shows, threaded discussions, interactive email, white boards, and a weekly live chat with the professor and classmates. This MBA provides students with a choice of six concentrations to tailor their degree to fit their professional goals. Concentrations available include: Accounting, Entrepreneurship, Finance, International Business, Marketing, and Strategic Management.

Estimated Program Cost: $40,899
Alumni Early Career Salary: $70,900

#27 University of Arizona Eller College of Management – Tucson, Arizona

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The University of Arizona is a 4-year, public university that was founded in 1885, even before Arizona became a state. Today, the University of Arizona teaches over 40,000 students through 356 academic programs through traditional classrooms as well as reaching students with an online classroom. The University of Arizona’s prestigious Eller College of Management offers on online MBA that is taught by the same faculty that teaches the on-campus courses. This program is a total of 45-credit hours long and can be completed in as few as 14 months. Students will first cover core business competencies essential to a global business practice and then choose between four market-driven concentrations. The concentrations available in this online MBA are: Finance, Management and Organization, Management Information Systems, and Marketing.

Estimated Program Cost: $45,000
Alumni Early Career Salary: $78,100

#26 University of Houston-Clear Lake School of Business – Houston, Texas

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The University of Houston-Clear Lake is a 4-year public university that was established in 1974. UHCL is comprised of four academic schools, which offer more than 80 undergraduate and graduate degree programs to over 8,100 students every year. UHCL offers traditional as well as online courses and degree plans in order to meet the needs of the working student. The School of Business at UHCL offers an online Master of Business Administration. This 54-credit hour program consists of foundation courses, required graduate MBA courses, and graduate elective courses. Students can use the electives hours to earn a formal concentration. Concentrations available to online MBA students include: Environmental Management, Finance, Human Resource Management, and Management of Technology.

Estimated Program Cost: $29,964
Alumni Early Career Salary: $52,600

Recommended Affordable Online MBA Programs

#25 Colorado State University College of Business – Fort Collins, Colorado

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Colorado State University is a 4-year, public university that was founded in 1870 as the Colorado Agricultural College. Today, Colorado Stat is a Carnegie Research University that offers undergraduate and graduate programs, through eight colleges, to 30,000 students annually. Colorado State’s College of Business offers working professionals an Online Professional Master of Business Administration degree. This program consists of 40-credit hours and can be completed in two years. This MBA was designed to encompass a comprehensive business curriculum that is flexible in format in order for professionals to be able to maintain their career. Core courses within this program include: Business Systems and Processes, Quantitative Business Analysis, Financial Reporting and Analysis, Leadership and Teams, Information Management, Business Economics for the World Market, Marketing Strategy and Planning, Ethical, Legal, and Regulatory Issues

Estimated Program Cost: $34,800
Alumni Early Career Salary: $61,400

#24 James Madison University College of Business – Harrisonburg, Virginia

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James Madison University is a 4-year, public university that was founded in 1908 as the State Normal and Industrial School for Women at Harrisonburg. Today, JMU is a comprehensive university offering 72 undergraduate, 40 master’s, two educational specialist, and eight doctoral degrees to over 20,000 students. JMU’s College of Business offers three blended MBA programs with distinct concentrations, an Innovation MBA, an Information Security MBA, and a new Executive Leadership MBA. The Innovation MBA requires a face-to-face with faculty every three weeks as well as an international Cultural Awareness Experience course to a destinations such as China, India, or Europe. The 27-month Information Security MBA focuses on creating new managers who understand the business implications of information security. This program requires a faculty face-to-face every eight weeks. The 28-month Executive Leadership MBA’s curriculum is designed around the theme of leading through change. This program requires a once a month face-to-face Saturday residency in addition to the online instruction.

Estimated Program Cost: $32,550
Alumni Early Career Salary: $57,500

#23 University of Massachusetts-Amherst Isenberg School of Management – Amherst, Massachusetts

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The University of Massachusetts-Amherst is a 4-year, public university that was founded in 1863. UMass-Amherst has grown to be the largest public research university in New England by their excellent academic, research, and community outreach programs. UMass-Amherst offers six associate degree programs, 111 bachelor’s, 76 master’s, and 47 doctoral programs to over 8,600 students annually. The highly acclaimed Isenberg School of Management offers a Master of Business Administration degree program, offering a convenient and challenging online format. This program requires two foundation courses, 11 core MBA courses, and three elective courses. Focus areas offered in this MBA program are Entrepreneurship, Finance, Healthcare Administration, Marketing, and Sports Management.

Estimated Program Cost: $32,445
Alumni Early Career Salary: $60,500

#22 Rowan University Rohrer College of Business – Glassboro, New Jersey

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Rowan University is a4-year, public university that was founded in 1923 as a normal school for teachers in South Jersey. Today, Rowan stands as a comprehensive public research university offering 85 bachelor’s, 65 master’s, two doctoral, and two professional degree programs to over 14,000 students every year. Rowan’s Rohrer College of Business offers an Online Master of Business Administration. This MBA program prepares students to become leaders with effective communication and group process skills. This curriculum emphasizes critical thinking, quantitative analysis, as well as the technological and international aspects of today’s business organizations. Students are given the choice of eight different majors to tailor their studies: Accounting, Entrepreneurship, Finance, Human Resource Management, Management, Management Information Systems, Marketing, and Supply Chain and Logistical Systems.

Estimated Program Cost: $29,880
Alumni Early Career Salary: $56,300

#21 Washington State University Carson College of Business – Pullman, Washington

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Washington State University is a public, nonprofit university that was founded in 1890 as Washington’s original land-grant university. WSU is comprised of 11 academic colleges, offers 95 undergraduate majors, 76 master’s degrees, 66 doctoral degrees, and three professional degrees to over 26,000 students every year. WSU not only offers traditional on-campus programs, but virtual classrooms offering nine undergraduate degrees and 12 graduate degrees. WSU uses its 50 years of graduate management education to offer an online Master of Business Administration. This program is designed to build strong management professionals and highly effective leaders while being immediately applicable in a working professionals career. This 36-credit hour online MBA is can be completed in as little as 22 months and offers concentrations in Marketing, Finance, International Business, and Hospitality Business Management.

Estimated Program Cost: $29,250
Alumni Early Career Salary: $57,200

Recommended Affordable Online MBA Programs

#20 Ball State University Miller College of Business – Muncie, Indiana

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Ball State University is a 4-year public university that was founded in 1918. Currently, Ball State University offers 180 undergraduate degree and pre-professional programs, as well as 100 master’s and doctoral degrees, to 21,000 students annually. Among the hundred graduate degree programs offered, Ball State’s Miller College of Business offers a 30-credit hour online Master of Business Administration degree. This online MBA focuses on building strategy, ethics, and leadership skills with a major emphasis on decision-making. Of the 10 courses to be completed, two of them are designated for electives in the following concentration areas: Entrepreneurship, Finance, Health Economics, Policy, and Administration, Operations Management, Sales Management, or General Master of Business Administration.

Estimated Program Cost: $23,850
Alumni Early Career Salary: $47,400

#19 University of Nebraska-Lincoln College of Business Administration – Lincoln, Nebraska

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The University of Nebraska-Lincoln is a 4-year, public university that was chartered in 1869, dedicated to diffuse knowledge to people of any age, sex, color, or nationality. Today, the University of Nebraska-Lincoln reaches over 24,000 students and offers over 5,000 degrees annually. Among the many degree offerings, is an online MBA program. This program is designed to equip future business leaders for the business world. This 48-credit hour program is taught by the same award-winning professors and researchers that teach the on-campus classes, and takes between 2-4 years to complete. This online MBA degree offers specializations in Business Analytics, Finance, Supply Chain Management, International Business, and Marketing.

Estimated Program Cost: $25,488
Alumni Early Career Salary: $52,000

#18 Florida State University College of Business – Tallahassee, Florida

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Florida State University is a 4-year, public, research university that was established in 1851. FSU offers over 275 bachelor’s, master’s, and doctoral degrees through 16 different colleges, and awards over 2,000 degrees every year. Over the past 164 years, FSU has not only built highly distinguished on-campus programs, but online programs as well. Among their online offerings, FSU’s College of Business offers a Master of Business Administration. This 39-credit hour program is designed for the professional looking to enhance their managerial skills in accounting, marketing, operations, strategy, and more. Online MBA students are able to customize their program with a Real Estate specialization, a Management Information Systems concentration, a Risk Management and Insurance concentration, or a major in Hospitality and Tourism Management.

Estimated Program Cost: $29,250
Alumni Early Career Salary: $61,000

#17 University of Colorado Denver School of Business – Denver, Colorado

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The University of Colorado Denver is a 4-year, public university that was founded in 1973. CU Denver is a member of the greater University of Colorado System and alone offers over 130 degree plans through 13 academic schools and colleges to over 22,000 students every year. CU Denver’s School of Business houses the largest MBA program in Colorado. This 48 credit hour program gives students the flexibility to complete their program entirely online or mix with on-campus courses as their schedule permits. The MBA curriculum consists of 30-credit hours of core business courses, 15-credit hours of electives, and three-credit hours of international business courses. Students are given the choice to tailor their program with the following specializations: Finance, Enterprise Technology Management, Information Systems, and Managing for Sustainability.

Estimated Program Cost: $28,860
Alumni Early Career Salary: $60,700

#16 Oklahoma State University Spears School of Business – Graduate – Stillwater, Oklahoma

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Oklahoma State University is a 4-year public university that was founded in 1890. Over the past 124 years, OSU has grown to teach over 28,000 students annually with its distinguished faculty of 1,559 professors and researchers at four individual campuses. For the students with extended personal and professional time obligations, OSU’s distinguished Spears School of Business offers a 48-credit hour online MBA program. This program requires 15 hours of electives that can be chosen out of the following course topics: management, telecommunications, entrepreneurship, finance, conflict management, marketing, and information systems. OSU also offers a 36-credit hour Dental MBA program designed for the dental professional to enhance their business and management practices.

Estimated Program Cost: $33,372
Alumni Early Career Salary: $72,300

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#15 Auburn University Raymond J. Harbert College of Business – Auburn University, Alabama

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Auburn University is a 4-year, public university that was founded in 1856 as the East Alabama Male College. Today, Auburn University offers more than 140 degree plans to almost 26,000 students annually, and is one of the few land, sea, and space grant universities. Auburn has grown to one of the largest and most esteemed universities in the South. It has a long tradition of offering high qualities programs as well making changes to be relevant with the needs of today. To meet those changing needs, Auburn offers a video-based online MBA program to its students who are not able to meet face-to-face in a classroom but still offers the same instruction as the on-campus courses. Concentrations offered in the MBA include: Finance, Marketing, Business Analytics, and Information Systems. Dual degree options are also available through a Master of Science in Business Administration and Finance, Management Information Systems, and Industrial and Systems Engineering.

Estimated Program Cost: $27,900
Alumni Early Career Salary: $62,600

14 Saint Joseph’s University Erivan K. Haub School of Business – Graduate – Philadelphia, Pennsylvania

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Saint Josephs University is a 4-year, private, nonprofit, Jesuit university that was founded by the Society of Jesus in 1851. St. Joseph’s consists of three principal academic colleges offering over 30 degree and certificate programs to over 9,000 students annually. Not only does St. Joseph’s offer rigorous liberal arts programs on-campus but online as well. They offer seven online graduate certificates and 15 online master’s degrees, including their online Master of Business Administration through the highly acclaimed Haub School of Business. This MBA program 33-credit hour program focuses on developing ethics-based leaders with strong analytical skills, technical competence, and social responsibility. After the core business foundation courses students can choose to focus their studies on one of ten concentrations, including: Accounting, Business Intelligence, Health & Medical Services Administration, International Business, Leading, Managing Human Capital, and Marketing.

Estimated Program Cost: $30,294
Alumni Early Career Salary: $71,400

#13 University of Wisconsin-Whitewater College of Business and Economics – Whitewater, Wisconsin

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The University of Wisconsin-Whitewater is a 4-year public school that was originally founded in 1868 and joined the University of Wisconsin System in 1971. UW-Whitewater offers over 100 undergraduate and graduate majors, through four academic colleges, to over 11,000 students every year. The University of Wisconsin has the largest business program in the state of Wisconsin. The College of Business and Economics offers accredited on-campus and online degree programs. The 100% online MBA at UW-Whitewater is designed to cater to the working professional and develops students to think globally, behave ethically, and lead innovation. This 36-credit hour online MBA offers seven emphases: finance, marketing, management, supply chain and operations management, human resources, IT management, international business, and project management.

Estimated Program Cost: $22,284
Alumni Early Career Salary: $53,700

#12 University of North Texas College of Business – Denton, Texas

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The University of North Texas is a 4-year, public university that was founded in 1890 as the Texas Normal College and Teachers’ Training Institute. Today, The University of North Texas is one of the largest universities in Texas with 12 schools offering 98 bachelor, 82 masters, and 36 doctoral degrees. The College of Business at the UNT is offers four online MBA programs: an MBA in Marketing, an MBA in Finance, an accelerated MBA in Strategic Management, and an accelerated MBA in Organizational Behavior. Each of these programs requires 36-credit hours consisting of MBA core courses and concentration specific courses.

Estimated Program Cost: $25,513
Alumni Early Career Salary: $61,500

#11 Central Michigan University College of Business Administration – Mount Pleasant, Michigan

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Central Michigan University is a 4-year, public university that was established in 1892 as the Central Michigan Normal School and Business Institute. Since opening its doors, Central Michigan has grown to offer 200 academic programs to over 20,000 students. Central Michigan’s College of Business Administration offers a 36-43 credit hour online Master of Business Administration degree consisting of a solid foundation of business courses with a choice of five different emphases. Emphases include: ERP Emphasis using SAP Software, Human Resource Management, Logistics Management, Marketing, and Value-Driven Organization. Courses are taught online with the exception of the ERP emphasis that includes a two-week face-to-face SAP Academy course.

Estimated Program Cost: $21,600
Alumni Early Career Salary: $53,200

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#10 University of Nevada-Reno College of Business – Reno, Nevada

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The University of Nevada-Reno is a 4-year, public university that was founded in 1874 as the State University of Nevada. Today, the University of Nevado-Reno offers undergraduate, graduate, and doctoral programs in agriculture, biotechnology and natural resources, business, education, engineering, journalism, liberal arts, medicine, and health sciences. Through the College of Business, students can enroll in an online Executive Master of Business Administration. This 36-credit hour, two-year MBA is a structured cohort-based program designed for mid-career business professionals and executives who want to obtain their degree while working full time. The curriculum is designed to teach executive leadership, managerial skills, and foster professional growth. Courses within this program include: Statistics for Decision Making, Production/Operations Management, Financial Reporting and Analysis, Management and Organizational Science, Marketing Management, Personal Branding, Information and Communications Technology in Organizations, and Strategic Management for Executives.

Estimated Program Cost: $24,000
Alumni Early Career Salary: $59,900

#9 University of Mississippi School of Business Administration – University, Mississippi

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The University of Mississippi was founded in 1848 and is the state’s largest university. The University of Mississippi (Ole Miss) started by teaching 80 students and has grown to teach over 21,500 students through their medical school, law school, and 15 academic divisions. Ole Miss offers many traditional on-campus programs as well as online offerings, including their Professional MBA Program. This 36-credit hour program can be completed in as little as two years or stretched longer depending on the student’s schedule. This program delivers the same curriculum by the same professors as the on-campus program, and focuses on developing analytical skills and breadth of judgment desired in the global business world of today. Courses include: Mobilizing Technology, Managerial Communication, Financial Statement Analysis, Contemporary Business Analysis, and Business Decision Making.

Estimated Program Cost: $19,620
Alumni Early Career Salary: $51,800

#8 Mississippi State University College of Business – Mississippi State, Mississippi

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Mississippi State University is a 4-year, public university that was founded in 1878 and has grown to offer over 260 degrees and programs to over 20,000 students annually. Among the on-campus programs offered, Mississippi State also offers online programs for its students who are not able to meet face-to-face. The online programs include a Master of Business Administration offered through their College of Business. The online general MBA offers a 27-credit hour core foundation of Economics, Finance, Marketing, Quantitative Analysis, Management, and Information Systems, and 3-credit hours of electives. Mississippi State also offers an online MBA in Project Management designed for engineering students, and other students in technical fields, prepare for managerial roles. Courses in the online MBA in Project Management program include 27-hours of MBA courses and 9-hours of Industrial Engineering courses relating specifically to project management.

Estimated Program Cost: $19,343
Alumni Early Career Salary: $53,400

#7 Texas A & M University-Commerce College of Business – Commerce, Texas

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Texas A & M University-Commerce is a 4-year, public university that was established in 1889 as the East Texas Normal College in Cooper. In 1996, the college became a member of the prestigious Texas AUM University System. The Commerce campus alone offers over 100 major areas of study at the undergraduate, master’s, and doctoral levels, through its four academic colleges, to over 11,000 students. A&M Commerce has grown to not only offer on-campus programs, but online degree programs in order to make a higher education more accessible and available. The College of Business at A&M Commerce offers a 100% online MBA degree program. This 30-48 hour program is designed to equip students with the skills and knowledge of analytic and strategic leaderships for advanced management positions. The curriculum consists of a managerial component, an information analysis component, and an elective component. Students are given the choice of picking a minor between the topics of Accounting, Economics, Finance, International Business, Marketing, and Management of Technology.

Estimated Program Cost: $21,255
Alumni Early Career Salary: $60,000

#6 University of Memphis Fogelman College of Business and Economics – Memphis, Tennessee

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The University of Memphis is a 4-year, public university that was founded in 1912 as the West Tennessee State Normal School. Today, the University of Memphis is one of the 45 members of the Tennessee Board of Regents System. U of M offers almost 100 degree programs, through 12 schools and colleges, to over 21,000 students annually. U of M’s Fogelman College of Business and Economics offers a 33-credit hour, Professional online MBA program. This program provides a strategic understanding of today’s business problems, best practices, and tools. Core courses within this program includes: Creativity and Innovation, Corporate Governance and Business Ethics, Financial and Managerial Accounting for Managers, Economics for the Global Executive, Information Systems in the Global Enterprise, Global Operations Management, Global Strategic Marketing, and Global Strategic Management.

Estimated Program Cost: $22,400
Alumni Early Career Salary: $63,500

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#5 West Chester University College of Business & Public Affairs – West Chester, Pennsylvania

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West Chester University is a 4-year, public university that was founded in 1871 as the West Chester Normal School. What started as a teaching preparatory school for 160 students, has grown to a cross disciplinary university that educates over 16,000 students every year. Degrees are offered in the arts and sciences, teacher preparation and certification, advanced study preparation in fields such as medicine and law, education for specific professions, and continuing education. West Chester’s College of Business & Public Affairs offers a 100% online Master of Business Administration. This 30-credit hour MBA program follows the same structure and requirements as their traditional on-campus program. It offers a business foundational education in accounting, finance, economics, marketing, and management. In addition to the core courses, students can choose to complete either three elective courses or choose to complete a six course Entrepreneurship Certificate. This certificate is multi-disciplinary that incorporates the theory and practice of entrepreneurship.

Estimated Program Cost: $17,921
Alumni Early Career Salary: $52,200

#4 University of Wyoming College of Business-Graduate – Laramie, Wyoming

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The University of Wyoming is a 4-year, public university seated in the southeastern corner of the state. UW enrolls over 13,000 students every year and teaches over 200 areas of study on the undergraduate and graduate level. The College of Business at UW offers a Master of Business Administration that can be completed 100% online. This two-year, 30-credit hour MBA at UW is a highly structured program is cohort based and designed to teach students the concepts of teamwork and leadership skills in the business world. Starting in the Fall of 2015, the UW Online MBA will offer an Energy Concentration that will offer three additional energy courses that are designed for professionals in the energy industry.

Estimated Program Cost: $19,200
Alumni Early Career Salary: $58,700

#3 University of Tennessee-Chattanooga College of Business – Chattanooga, Tennessee

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The University of Tennessee-Chattanooga is a 4-year, public university that was founded in 1886 as the Chattanooga University. In 1969 they merged with Chattanooga City College and the University of Tennessee to form the UTC campus. UTC offers over 80 degree programs, through four academic colleges, to over 10,000 students annually. Not only does UTC offer on-campus programs, but 12 online programs through their four colleges. Within the College of Business, students can enroll in a Professional Master of Business Administration. This 16-24 month PMBA offers a well-rounded curriculum combining theoretical knowledge and practical application. This program allows for a general concentration or a Business Analytics Concentration. The Business Analytics Concentration prepares students to be leaders in the field of data analysis and reporting within the business environment.

Estimated Program Cost: $18,726
Alumni Early Career Salary: $65,000

#2 University of Massachusetts-Lowell Robert J. Manning School of Business – Lowell, Massachusetts

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The University of Massachusetts-Lowell is a 4-year, public university that traces it roots back to the 1890s with the Lowell Normal School and the Lowell Textile School. Lowell was added to the greater University of Massachusetts System in 1991. The Lowell campus offers 172 degree programs, through six colleges, to 17,000 students every year. Through the Manning School of Business and the Division of Online and Continuing Education, UMass Lowell offers a 100% online MBA program. This program consists of 30-42 credits and offers a curriculum that is applicable to commercial, industrial, and nonprofit organizations. Beyond the core curriculum, students can choose one of three concentrations in Finance, Accounting, or Information Technology.

Estimated Program Cost: $18,180
Alumni Early Career Salary: $64,500

#1 University of North Dakota College of Business & Public Administration – Grand Forks, North Dakota

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The University of North Dakota is a 4-year, public university that was founded in 1883 as a College of Arts & Sciences with a Normal School for the education of teachers. Today, UND is North Dakota’s oldest and largest University reaching over 15,000 students with 225 fields of study, nearly 40 online degree programs, and 84 graduate education programs. UND’s commitment to online education not only shows in the number of programs available but also through the availability of in-state tuition regardless of residency. UND’s 33-34-credit hour online MBA program emphasizes planning, organizing, operating, and controlling a business enterprise. UND’s MBA program also offers a concentration in International Business. This program requires 3 additional credit hours, on-campus study in the first and last semester, and 9-credit hours from a foreign college/university.

Estimated Program Cost: $12,615
Alumni Early Career Salary: $58,300

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